February 23, 2024

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Amazon commits to $15 billion India funding, CEO says

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Modi and Jassy spoke about supporting Indian startups, creating jobs, enabling exports, digitization, and empowering people and small companies to compete globally, an Amazon weblog put up stated.

This announcement follows Amazon’s cloud computing unit Amazon Internet Companies (AWS) saying final month it would make investments Rs1.06 trillion ($12.9 billion) within the nation by the tip of 2030.

Individually, Google will open a world fintech operation middle in GIFT Metropolis in India’s western state of Gujarat, CEO Sundar Pichai informed reporters in a video shared on Twitter by Reuters associate ANI firm.

“We shared Google is investing $10 billion within the India digitization fund, and we’re persevering with to speculate by way of that,” Pichai stated.

Google didn’t instantly reply to a Reuters request for touch upon additional particulars of the brand new middle, outdoors of enterprise hours.

On the ultimate day of his Washington journey, Modi met with US and Indian expertise executives, together with Apple’s Tim Prepare dinner, Google’s Pichai and Microsoft’s Satya Nadella and appealed to world corporations to “Make in India”.

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